article thumbnail

Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

.” Right now, the company can support micro-loans of up to $35,000, and has so far facilitated $750,000 in small business loans as the company spreads from Kentucky to neighboring states. Federal Reserve found an increase in small business capital demand in 2018 compared to 2017. Recent research from the U.S.

Lending 128
article thumbnail

Grubhub Spikes 10 Pct Post-CEO Stock Purchase

PYMNTS

the Louisville, Kentucky-based operator of KFC and Taco Bell. “We The online food delivery service also reported gross food sales of $1.5 Securities & Exchange Commission, showing that Chief Executive Officer Matthew Maloney acquired the stock. Shares were also likely helped by positive comments from one of its partners — Yum!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

Lending 101
article thumbnail

How Can Banks Thrive in the Next Five Years?

Jeff For Banks

And products started migrating online. They are/were the business owners, demanders of capital and loans, and significant depositors. This is why online banks can pay higher interest rates. In fact, I would say, using a Kentucky Derby analogy, that Epicenter as the national bank is currently in the lead.

article thumbnail

 The Amazon/Walmart Whole Paycheck Tracker: Rethinking And Realigning

PYMNTS

Big Debate Of The Week: Did Amazon’s Estimated Online Market Share Just Drop? While Amazon is fairly tight-lipped about specific numbers, eMarketer has cut its estimate of Amazon’s current online commerce market share in the U.S. percent of online commerce this year — a sharp drop from its prior estimate of 47 percent.

Retail 100
article thumbnail

Lawsuits Pile Up For Cap One, Amazon Post Hack

PYMNTS

Capital One and Amazon Web Services are being sued by customers due to the massive hack that impacted more than 106 million people, GeekWire reported. She formerly worked for Amazon Web Services, which hosted the Capital One database that was breached. The hack has led to multiple lawsuits against Capital One.

Kentucky 134
article thumbnail

The Race For 5G: How 20 Corporations Are Building The Future Of Connectivity

CB Insights

The company has spent more than $700M since 2015 in Kentucky alone , an investment that means St. With more than 2B Galaxy devices sold worldwide and a market capitalization in 2018 of $326B , Samsung is one of the biggest smartphones players in the world and has a significant interest in 5G. AT&T plans ambitious network coverage.

Samsung 77